RE:RE:RE:Keats Oz
RYUcan wrote:
Wow, you should just write a book already megacopper. How many people are going to ask about a fukin resource estimate at this point when it is not needed!!! And how many times is someone going to come up with some diluted shot in the dark. How about this....yes there is gold! Merry Christmas!!!
haha well just trying to inform new posters about this incredible high grade gold discovery in NL. That is just a very rough estimate and could easily be off by a million ounces one way or the other but it's in the ballpark.
What I really like is the fact that they have hit more of these high grade zones above and below the Keats Main Zone. So I've talked to geologists who think most likely they will continue to hit more high grade zones as they go deeper and expand out in all directions. These types of gold systems can go to 1500 meters deep and beyond so the vertical component of this discovery will add millions and millions of high grade ounces of gold similar to what happened at the Fosterville mine. And of course they will find more elsewhere along the 70 km stretch of the Appleton Fault on the Queensway South property down near Eastern Pond.
The future is very bright for this company. Basically NFG has only been drilling for a little over one year so it is still early in its discovery phase. They have got a tiger by the tail and if you read up on the history of the Fosterville mine in Australia you will soon realize what New Found Gold has with the Queensway discovery in NL is much bigger and better. Go NFG!!!